Overview
- Maruti Suzuki is set to launch its first electric model, the e-Vitara, in the current fiscal year.
- The company plans to roll out public charging infrastructure in 100 cities but acknowledges highways remain largely unserved.
- Charging at public stations costs Rs 20–21 per unit, more than double home rates of Rs 7–10, making station investment unviable.
- Partho Banerjee describes a catch-22 where low station density deters EV buyers from making them their primary vehicles.
- Electric passenger vehicle sales rose 93 percent year-on-year in July to 15,528 units, lifting EVs’ market share to 4.5 percent of passenger vehicle sales.